In this article DAL A Delta airlines aircraft landing from Los Angeles at Kingsford Smith International airport on October 31, 2021 in Sydney, Australia. James D. Morgan | Getty Images Delta Air Lines said Thursday that the surge of the omicron variant of Covid-19 will drive it to a first-quarter loss, but that it still
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In this article MAERSK.B-DK The container ship MORTEN MÆRSK heading to Hamburg on April 22, 2020. eyewave | iStock Editorial | Getty Images The CEO of shipping giant Moller-Maersk admitted to CNBC Thursday that shifting to “green” fuels would come at a cost, but emphasized the importance of focusing on the bigger picture rather than
Watch how potato chips are made in an environmentally friendly way at a factory run by PepsiCo, no. 43 on the Fortune 500.
Sinenkiy | iStock | Getty Images Social Security beneficiaries are receiving the highest cost-of-living adjustment in decades, thanks to rising inflation. That 5.9% increase went into effect in January. Prices have continued to climb higher since that change was announced in October. The Consumer Price Index, a government measure for price changes for certain goods,
Covid’s omicron variant is currently tearing through the U.S. and the rest of the world at a record-breaking pace — but Bill Gates sees hope on the horizon. Once the current surge abates, countries can expect to see “far fewer cases” through the rest of 2022, Gates wrote on Tuesday during a Twitter Q&A with
Traders work on the floor of the New York Stock Exchange (NYSE) on January 07, 2022 in New York City. Spencer Platt | Getty Images U.S. stock futures were steady in overnight trading on Wednesday after the Nasdaq Composite rose for the third session despite a red-hot consumer price index report. Dow futures rose just
Sen. Tommy Tuberville, R-Ala., conducts a news conference in the senate subway to propose a vote on the January 6th commission today and delay the Endless Frontier Act and the Innovation and Competition Act until June, on Friday, May 28, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Tommy Tuberville of Alabama,
Ed Jones | AFP | Getty Images Inflation is still rising, and while many notice the surge in day-to-day expenses, climbing prices may also affect your tax bill, experts say. The Consumer Price Index, a key inflation gauge, rose by 7% in December compared to the prior year, the fastest increase since 1982, according to
Last year wasn’t a stellar year for travelers. Perhaps that’s why so many are pinning their hopes on 2022. Travel bookings and inquiries are surging, say travel insiders, in an upward trajectory that, if realized, may both benefit and challenge travelers in the coming year. ‘People want to make up for lost time’ Travel
In this article HOOD Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Stock trading app Robinhood said Wednesday will let most of its 3,400 person workforce work remotely on a permanent basis. The newly public brokerage is headquartered in
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Segar | Reuters Online sales during the holiday season rose nearly 9% to a record $204.5 billion, Adobe Analytics said Wednesday, as consumers opened
Damir Khabirov | iStock | Getty Images How high would you score yourself when it comes to feeling comfortable with your current financial situation? If you’re like most, you wouldn’t give yourself very high marks, according to a survey from TIAA. The financial services company set out to evaluate Americans’ financial wellness – defined as
lisegagne | E+ | Getty Images If you received monthly advance child tax credit payments in 2021, there may be a costly surprise when filing your return. The American Rescue Plan, enacted in last March, increased the tax break to $3,000 from $2,000 per child under age 17, with $600 more for kids under age
Theranos founder Elizabeth Holmes, center, and her family leave the Robert F. Peckham Federal Building and U.S. Courthouse after the jury found her guilty on four counts in San Jose, Calif., on Monday, Jan. 3, 2022. Dai Sugano | MediaNews Group | Getty Images Former Theranos CEO Elizabeth Holmes, who was convicted of federal fraud
Traffic police and epidemic prevention personnel work together to check vehicles at a highway entrance in Zhengzhou, the capital of Henan province, China, on the afternoon of January 8, 2022. Costfoto | Future Publishing | Getty Images BEIJING — Goldman Sachs cut its 2022 forecast for China economic growth Tuesday in expectation of increased restrictions
Loading chart… GrowGeneration: “We very specifically said when that stock got into the $40s that it was done, that there wasn’t much more there, that we thought it was terrific, but we wanted to take the gain. We felt that bulls make money, bears make money, and pigs, well, they get slaughtered. It was time
SolStock | E+ | Getty Images During these hard times, at least one thing should should soon get easier: Getting tested for Covid-19. Starting Saturday, many people will be able to get free at-home tests, thanks to a new initiative by the Biden Administration. Here’s what you need to know. Who can get the free
A woman looks at an NFT titled “CURIO CARDS (EST. 2017)” on Sept. 28, 2021, at Christie’s auction house in New York. TIMOTHY A. CLARY | AFP | Getty Images In the digital realm, all taxes aren’t necessarily equal. Amid a cryptocurrency and non-fungible token (NFT) boom, wealthy owners may pay a different tax rate
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC has learned. Evans, who joined the Utah-based start-up in 2019 as chief revenue officer, is replacing founder Ryan Caldwell, who will become
Hache | E+ | Getty Images New Covid cases are rising fast and at-home rapid tests are in high demand. But consumers scrambling to buy tests online — especially as brick-and-mortar retailers sell out or limit supply — may get duped into buying a fake or unauthorized test kit. Demand for test kits may increase
FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images Boeing‘s sales and deliveries of new planes surged last year as customers looked beyond the pandemic’s toll on travel demand, but the manufacturer still ended 2021 behind chief rival Airbus. Boeing
Chesnot | Getty Images Major cryptocurrencies such as bitcoin and ether have had a rough start to 2022. For some investors, it may be an opportunity to buy into the risky digital assets. Bitcoin slumped as much as 6% Monday, falling below $40,000 per coin for the first time since September, according to Coin Metrics.
A trader in a face mask works on the trading floor at the New York Stock Exchange (NYSE) as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 20, 2021. Andrew Kelly | Reuters The Nasdaq Composite and the tech sector of the S&P 500 slid sharply to begin the
Actor, producer and entrepreneur Kevin Hart is the one of world’s highest paid stand-up comedians and owns a successful venture capital firm — but he didn’t get where he is in the business world without learning from his mistakes. On Friday’s episode of ABC’s “Shark Tank,” the guest Shark turned down an offer from Candi
An elderly couple walk past a sign in front of Shimao Tower, developed by Shimao Group Holdings Ltd., in Shanghai, China, on Saturday, Jan. 8, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese real estate developer Shimao Group Holdings pushed back Tuesday on reports of default and sales of prime property. Shimao
Veru: “Veru is in [Phase 3] for a very important breast cancer indication. They just got fast-track designation by the FDA this morning. It’s at $5. It made no sense that the stock didn’t go up to me. I thought it should’ve been up on the news.” Nio: “Nope. Not recommending that. Not recommending any
Getty Images Many Americans are in the dark about one important aspect of their credit cards. Of those who carry a balance, 40% don’t know the interest rate they’re being charged on their primary card, a new survey from Bankrate found. That could wind up costing them a lot of money. “As much as we
Take a look at some of the biggest movers in the premarket: Zynga (ZYNG) – The online game maker’s shares soared 48.2% in the premarket after it agreed to be acquired by video game maker Take-Two Interactive (TTWO) for $9.86 per share in cash and stock, implying a total deal value of $12.7 billion. Take-Two
In this article 2330-TW A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Top chipmaker TSMC notched a new quarterly sales record at the end of 2021 boosted by continued demand from top clients including Apple and Qualcomm for semiconductors. The Taiwanese foundry, which
In this article JNJ Johnson & Johnson announced in November that it plans to spin off its consumer business into a new publicly traded company by November 2023. The news didn’t surprise Wall Street. “The analyst community has been talking about splitting up J&J for years,” said Jared Holz, health-care equity strategist at Oppenheimer. “The